Damus
Sjors Provoost · 53w
Is anyone keeping track, using on-chain analytics, of how many people are doing this idiotic EU "satoshi test"? E.g, Kraken describes the procedure here, presumably other exchanges use variants, which...
Erik Jan profile picture
I find it also funny they don't address the chicken-and-egg problem I am seeing of having to verify a new withdrawal address, which, of course, doesn't have any balance to do the test with in the first place. I'm assuming 'sometimes' (because they say 'might be') the satoshi test won't be needed? Just describe that situation and don't let us assume anything, but that's probably too logical...
2
Sjors Provoost · 52w
From what I've seen on Reddit, they solve the chicken-egg problem by having you buy some crypto (with fiat, below the threshhold amount), withdrawing it and then sending it back. I can imagine that if you contact support they'll eventually offer another solution, but they could make you wait for we...
Erik Jan · 52w
For entirely new customers this is of course, are they assumed to get some balance from somewhere else, for the test?